Quarterly Publication

2nd Quarterly 2021 Report

it.assistant@ipcnet.org 25 Jul 2021 151

BLACK PEPPER OUTLOOK: MID-YEAR REVIEW 2021

KEY HIGHLIGHTS

01 Recap of the Global Pepper Industry
02 Current Situation of the Global Pepper Industry
03 Outlook for the remaining of 2021 Pepper Report
04 Summary of the Global Pepper Industry

 

RECAP OF THE GLOBAL PEPPER INDUSTRY

Current Situation of the Global Pepper Industry

  • Trade statistics
  • Prices
  • Covid
  • Freight update

 

Origin-wise Exports in KMT

Top Importers YTD MT Status

Trade Statistics

Prices | VIET NAM

Prices | BRAZIL

Prices | INDONESIA

Prices | INDIA and MALAYSIA

Prices | WHITE PEPPER

Impact due to COVID-19 - Current Situation
COVID SITUATION IN MAJOR PEPPER ORIGINS

Outlook for the next 6 months

  • Brazil
  • Vietnam
  • Indonesia

Brazil

  • Harvest
  • July – Catch Crop
  • September – Main North Crop

 

Brazil – Dynamics

Brazil – Price Outlook

Viet Nam

  • The origins processors especially ingredient factories, unlike previous years, have sold for 2022 and are carrying stocks. This means farmers have sold their produce much earlier and do not have much stock in hand.
  • This is evident by the fact that despite a lock down and poor fresh sales for the past 3 weeks prices of raw material is steady.

 

 


Viet Nam – Dynamics

Viet Nam – Price Outlook

Indonesia

  • Bangka starts harvesting
  • Lampung flows expected after EID
  • Crop is lower than expected
  • Black pepper prices continue to be firm

 

Indonesia –Dynamics

Indonesia – Price Outlook

 

Summary

 

 

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